The application was filed by the Resolution Professional seeking approval of a resolution plan for the Corporate Debtor, Dharti Dredging and Infrastructure Limited, under Sections 30(6) and 31(1) of the IBC, 2016, read with Regulation 39(4) of the CIRP Regulations.
State Bank of India, the financial creditor, filed a company petition, CP (IB) No. 329/7/HDB/2020, under Section 7 of the Insolvency and Bankruptcy Code, 2016 ( IBC ), for the initiation of the corporate insolvency resolution process (CIRP) against Dharti Dredging and Infrastructure Limited, the corporate debtor. The Adjudicating Authority admitted the petition on April 5, 2022, marking the insolvency commencement date, and appointed Mr. Madhusudhan Rao Gonugunta as the Interim Resolution Professional (IRP). Following the admission order, the IRP made a public announcement on April 13, 2022, inviting claims from creditors by April 24, 2022. After collating and verifying the claims, the Resolution Professional constituted the Committee of Creditors (CoC), which included
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The Company Petition CP (IB) No.…
The Resolution…
The application was filed by the Resolution Professional seeking approval of a resolution plan for the Corporate Debtor, Dharti Dredging and Infrastructure Limited, under Sections 30(6) and 31(1) of the IBC, 2016, read with Regulation 39(4) of the CIRP Regulations.
State Bank of India, the financial creditor, filed a company petition, CP (IB) No. 329/7/HDB/2020, under Section 7 of the Insolvency and Bankruptcy Code, 2016 ( IBC ), for the initiation of the corporate insolvency resolution process (CIRP) against Dharti Dredging and Infrastructure Limited, the corporate debtor. The Adjudicating Authority admitted the petition on April 5, 2022, marking the insolvency commencement date, and appointed Mr. Madhusudhan Rao Gonugunta as the Interim Resolution Professional (IRP). Following the admission order, the IRP made a public announcement on April 13, 2022, inviting claims from creditors by April 24, 2022. After collating and verifying the claims, the Resolution Professional constituted the Committee of Creditors (CoC), which included
…The Company Petition CP (IB) No.…
The Resolution…